Firm ownership and the determinants of success and failure in new product development: an empirical study of manufacturing firms in the Guandong province of china.

Jin, Zhongqi and Li, Zhihong
(2007)
Firm ownership and the determinants of success and failure in new product development: an empirical study of manufacturing firms in the Guandong province of china.
International Journal of Innovation Management, 11
(4).
pp. 539-564.
ISSN 1363-9196

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Abstract

This paper generates a newperspective on the growing literature in newproduct development (NPD): firmownership and the determinants of success and failure ofNPDfirms operating in a Chinese region which has experienced unprecedented change. Cooper and Kleinschmidt’s conceptual framework is utilised. 126 new product projects, from 84 firmswere investigatedusing a structured survey. Results are compared with those from studies in Canada, Korea, Japan and Slovenia. Contrary to other studies’ findings, a hostile market environment was found to be facilitative rather than a major de-facilitator. We then further examined NPD activities in three different types of manufacturing firms in Guangdong: state-owned, joint venture/foreign owned and private firms. A comparison with an earlier study conducted in China focusing mainly on state-owned firms is made and the paper concludes by drawing out implications for managers operating in China.